While bank stocks have seen flat performance so far this year, TheStreet's periodic analysis of the highest dividend payers in the sector shows that most of the highest yielding, actively traded names are down. In addition, the highest yielding name is under extra pressure, expecting a serious regulatory order to be handed down soon.
Looking at the 10 highest-yielding bank stocks with average daily trading volume of at least 50 thousand shares - using data supplied by SNL Financial - the bank stock with the highest dividend yield is Hudson City Bancorp (HCBK_), at 6.07% based on Friday's closing price of $9.88 and a quarterly payout of 15 cents a share.
Source: The Street
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Posted by D4L | Monday, March 14, 2011 | ArticleLinks | 0 comments »________________________________________________________________
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